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Author Topic: Bryan Micon's Butterfly Labs Scammer Investigation including Josh Zerlan  (Read 99265 times)
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April 25, 2013, 09:21:05 PM
 #341

Latest episode of Security Now has some discussion of this towards the end.
www.twit.tv/sn

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April 26, 2013, 05:32:30 PM
 #342

Well...

Using preorder cash the way they have is a crime.  It must be a crime....  Last time I preordered something, my credit card was charged when the item was SHIPPED.

But, here's what really pissed me off.  I couldn't believe the amount of disrespect he displayed at CES.  I'm not sure what he was so pissed about, because I'm sure he doesn't talk to everyone like that (there must be some undercurrent there)... but at least have the decency and professionalism to explain why you don't want to have a conversation instead of being a jackass.

After watching that, I'd never patronize a company Josh Zerlan was in front of, period.

Have you read this?  I'm sure you have...  http://motherboard.vice.com/blog/engineering-the-bitcoin-gold-rush-an-interview-with-yifu-guo-creator-of-the-first-asic-based-miner

Quote
From an ASIC perspective, things got serious in around June or July when Butterfly Labs first released their ASIC lineup, which was a big deal. They promised to ship in October, and in a matter of days took in over a million dollars
....
Quote
We never intended for this to be a real business. But then lo and behold, Butterfly Labs announced that they were delayed. October came and went, November came and went, December came and went and they still hadn’t shipped. Meanwhile, we’re chugging along.

So Avalon decided to get into the ASIC game AFTER BFL announced their line up and beat them to the market.  It looks like these guys are ramping up production too... actually, these guys are dialed in.  They make BFL look like ASIC chumps.

I would put a bet that even if BFL is able to produce something for the masses, someone is not going to get their unit.  In order to meet price commitments, they're going to have to be the loss leader in ASICs...  and eventually, some folks at the end of the line isn't going to get in the door.


you sir, got def. too much freetime... which Josh certainly has not...


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April 26, 2013, 11:32:06 PM
 #343

so here is the supposed "Luke Unit" hashing on Josh's pool (lol ppl really connect to his pool? ppl should not trust Josh Zerlan with hashing power IMO)

http://eligius.st/~wizkid057/newstats/userstats.php/1CdcYVP4T4hjHwt353pEnGHrigeDLvuvZL


Does anyone believe this is the luke Unit?  that it's really been hashing that fast for that long?   

I would love to hear opinions.

is it just eating power like a boss?

so hot you can fry an egg on it?

special pcb or not even mounted on a board, i.e. no real way to take it from lab --> consumer product?

Bryan you're a dumbass. Eligius is not Josh's pool. Eliguis WAS a pool that belonged to Luke, but he handed it over to wizkid.
Josh's pool is eclipse. Every time you open your mouth...

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April 27, 2013, 01:00:07 AM
 #344

Well...

Using preorder cash the way they have is a crime.  It must be a crime....  Last time I preordered something, my credit card was charged when the item was SHIPPED.

But, here's what really pissed me off.  I couldn't believe the amount of disrespect he displayed at CES.  I'm not sure what he was so pissed about, because I'm sure he doesn't talk to everyone like that (there must be some undercurrent there)... but at least have the decency and professionalism to explain why you don't want to have a conversation instead of being a jackass.

After watching that, I'd never patronize a company Josh Zerlan was in front of, period.

Have you read this?  I'm sure you have...  http://motherboard.vice.com/blog/engineering-the-bitcoin-gold-rush-an-interview-with-yifu-guo-creator-of-the-first-asic-based-miner

Quote
From an ASIC perspective, things got serious in around June or July when Butterfly Labs first released their ASIC lineup, which was a big deal. They promised to ship in October, and in a matter of days took in over a million dollars
....
Quote
We never intended for this to be a real business. But then lo and behold, Butterfly Labs announced that they were delayed. October came and went, November came and went, December came and went and they still hadn’t shipped. Meanwhile, we’re chugging along.

So Avalon decided to get into the ASIC game AFTER BFL announced their line up and beat them to the market.  It looks like these guys are ramping up production too... actually, these guys are dialed in.  They make BFL look like ASIC chumps.

I would put a bet that even if BFL is able to produce something for the masses, someone is not going to get their unit.  In order to meet price commitments, they're going to have to be the loss leader in ASICs...  and eventually, some folks at the end of the line isn't going to get in the door.


you sir, got def. too much freetime... which Josh certainly has not...



Yeah, Josh is probably too busy spending OPM on Google ads and making marketing videos.  How about some people posting about how excited they are to receive their UPS tracking number for their purchases they made nearly 12 months ago?  I'd spend some freetime on that.

Here's one...  https://forums.butterflylabs.com/pre-sales-questions/1693-definite-shipping-date-4.html

And I wish I had too much free time.  If you're not disgusted by their business tactics, then you're not thinking straight.
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April 27, 2013, 10:39:33 AM
 #345

thinking straight, but not all the time Wink

i ordered during the peak of 230, spent some coins.

If you gonna whine, get refund and make your own ASIC or i dont know...

Be happy man!

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April 27, 2013, 10:27:56 PM
 #346

thinking straight, but not all the time Wink

i ordered during the peak of 230, spent some coins.

If you gonna whine, get refund and make your own ASIC or i dont know...

Be happy man!

I hear you.  I was in the game for a while with BFL also but I jumped out after February.

I hope they deliver for you.  I don't think any of us are wishing ill-will on the company, promise, or their customers.  But it's been a mighty long time, and I think the natives are beyond restless.

I looked at the Avalon DIY project.  It looks doable, but it'd be one heck of a workout.  I'd rather just buy more GPUs Wink for the moment. Smiley
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April 28, 2013, 08:33:19 PM
 #347

good choice.

Josh said today they will delivier in ONE WEEK  Grin



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April 29, 2013, 03:49:36 AM
 #348

good choice.

Josh said today they will delivier in ONE WEEK  Grin




I thought it was "two weeks" Smiley  Well, that's been the carrot promise on the end of the stick.

Where's your reference for your claim?  http://www.youtube.com/watch?v=-eF6FSdur8k
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April 29, 2013, 04:37:50 AM
 #349

April has turned into May?

 Shocked I'm as sarcastically shocked as I can get!

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April 29, 2013, 04:42:07 AM
 #350

good choice.

Josh said today they will delivier in ONE WEEK  Grin




I thought it was "two weeks" Smiley  Well, that's been the carrot promise on the end of the stick.

Where's your reference for your claim?  http://www.youtube.com/watch?v=-eF6FSdur8k


3-4 per day? My order number was 44,000 (cancelled). So if they work 7 days a week, I would have gotten my order in about 30 years.

I like how the guy in the video talks down to us, like we're jerks for wondering why items preordered and paid for 9 months ago haven't been shipped.

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April 29, 2013, 10:41:15 AM
 #351

3-4 per day? My order number was 44,000 (cancelled). So if they work 7 days a week, I would have gotten my order in about 30 years.

I like how the guy in the video talks down to us, like we're jerks for wondering why items preordered and paid for 9 months ago haven't been shipped.

Heh.

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April 30, 2013, 01:14:26 PM
 #352

Did you guys talk about this already?

https://bitcointalk.org/index.php?topic=191600.0

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May 01, 2013, 06:54:49 PM
 #353

They're incorporated in Wyoming...
1)Look up laws entailing fraud in Wyoming..
2)File uit
3)HuhHuh
4)PROFIT
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May 02, 2013, 01:04:13 PM
 #354

well this trainwreck is starting to get interesting.  they're shipping boxes now.
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May 06, 2013, 09:34:45 AM
 #355

Please join me in this round of forum advertising auction - make sure BFL does not get a slot.
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May 06, 2013, 05:00:34 PM
 #356

https://bitcointalk.org/index.php?topic=197050.0
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May 06, 2013, 09:12:08 PM
 #357

Please join me in this round of forum advertising auction - make sure BFL does not get a slot.

Nice idea.

I did it for a few weeks until Theymos rejected my ad and banned me from advertising on the site because I insisted he refund my payment when he wouldn't post the text I wanted.  'BFL - Bare Faced Liars'
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June 28, 2013, 09:53:31 PM
 #358

has anyone received any hardware from Butterfly Labs yet? or it is really a scam?

i wonder why this thread  stopped on May!
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June 28, 2013, 09:59:59 PM
 #359

has anyone received any hardware from Butterfly Labs yet? or it is really a scam?

i wonder why this thread  stopped on May!
Because many people received hardware from Butterfly Labs.

Only a small dent in the vast sea of preorders, but people are getting their units finally.
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June 28, 2013, 10:32:05 PM
 #360

do you advice me to order, taking into consideration the delivery is 100 days, and hash difficulty is changing every 2 weeks as per what i heard from a friend.

is it worthy? going to 50GHs/60GHs?

i need your advices for a beginner.

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